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AMERICAN JOURNAL OF MANAGEMENT
Networking: A Critical Success Factor for Entrepreneurship
Author(s): Moraima De Hoyos-Ruperto, José M. Romaguera, Bo Carlsson, Kalle Lyytinen
Citation: Moraima De Hoyos-Ruperto, José M. Romaguera, Bo Carlsson, Kalle Lyytinen, (2013) "Networking: A Critical Success Factor for Entrepreneurship," American Journal of Management, Vol. 13, Iss. 2, pp. 55 - 72
Article Type: Research paper
Publisher: North American Business Press
Abstract:
This study explores how individual and inter-organizational networking, as mediators, may provoke
desired entrepreneurial success. A quantitative study using Partial Least Squares (PLS) was conducted to
determine: How and to what extent do systemic and individual factors—mediated by inter-organizational
and individual social networking activities—impact the likelihood of entrepreneurial success? To
illustrate this, we investigates Puerto Rico’s (P.R.) unexplained stagnant entrepreneurial environment.
Our findings reveal that Puerto Rican entrepreneurs are not using their networks efficiently to overcome
the inadequate institutional structure. Therefore, a better interconnected entrepreneurial ecosystem must
be designed; while entrepreneurs must use more effectively their networks.
